Asking Price: $175,000

Gross Revenue: $380,000

Cash Flow: $68,000

Inventory: $15,000 (Included in Asking Price)

FF&E: $70,000 (Included in Asking Price)

Real Estate: $650,000 (Not Included in Asking Price)

Seller Financing: Bank Financing

Company manufactures paint, lacquers and stains to small furniture manufacturers, cabinet makers and office furniture makers. Current owner does much of the color matching, so it is important that new owner is a chemist and can follow formulas. Company needs good sales person as current owner is a chemist and by own admission, not a good salesman. He is too involved in day to day operations to work at creating new accounts.

Year Established: 1995

Employees: 3 full time -

Facilities: 20,000 sq. ft. of manufacturing space and 8,000 sq. ft. of office space.

Management Training and Support: 60 Days.

Reason For Selling: Owner relocating out of state.